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Zerodha Vs Tradeplus Share Broker Comparison

The side-by-side comparison of Zerodha and Tradeplus (Navia Markets Ltd) stock brokers in India. The comparison below highlights the similarities and differences between Zerodha and Tradeplus's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Zerodha and Tradeplus.

  Zerodha Tradeplus (Navia Markets Ltd)
 
Zerodha Logo Tradeplus (Navia Markets Ltd) Logo
About the Broker Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed... Know more about Zerodha Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly ... Know more about Tradeplus (Navia Markets Ltd)
Type of Broker Discount Broker Discount Broker
Supported Exchnage NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Account Type Standard Plan Infinite Trading Plans
Broker Enquiry Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Tradeplus. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Zerodha Tradeplus (Navia Markets Ltd)
Trading Account Opening Fees ₹300 ₹199
Trading Account AMC ₹0 (Free) ₹0
Demat Account Opening Fees ₹100 ₹0
Demat Account AMC ₹300 ₹900 (for 10 years), ₹500 (5 years) AMC Free Acct
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Zerodha Tradeplus (Navia Markets Ltd)
Account Type Standard Plan Infinite Trading Plans
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower ₹799 per month (unlimited trading)
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹99 per month (unlimited trading)
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹99 per month (unlimited trading)
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹99 per month (unlimited trading)
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower

Brokerage Plan 2

  Zerodha Tradeplus (Navia Markets Ltd)
Account Type Standard Plan General Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage ₹0 (Free) ₹0 (Free)
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹60 per lot
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹20 per lot
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹60 per lot
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower 0.01%
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower

Other Charges

Minimum Brokerage Charges ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges ₹20 per executed order ₹1000 per month
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Taxes

  Zerodha Tradeplus (Navia Markets Ltd)
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Zerodha Tradeplus (Navia Markets Ltd)
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) ₹330 per crore (0.0033%) (each side)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) ₹330 per crore (0.0033%) (sale side)
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side) ₹350 per crore (0.0035%)
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium) ₹7500 per crore (0.075%)(on premium)
Currency Futures NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%) ₹165 per crore (0.00165%)
Currency Options NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium) ₹6000 (on premium) per crore (0.06%)
Commodity Group A - ₹260 per Cr (0.0026%) ₹400 (0.004%)
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Exposure

  Zerodha Tradeplus (Navia Markets Ltd)
Equity Delivery 1x (no margin) Upto 4X
Equity Intraday Up to 20x (based on the stock) Upto 33X
Equity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday leverage 2X | Cover Order Margin 3%
Equity Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday Leverage of 2X
Currency Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Intraday Leverage of 2X
Currency Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 1X
Commodity Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span Intraday Leverage of 2X
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Share Broker Features

  Zerodha Tradeplus (Navia Markets Ltd)
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile INFINI, NSE NOW
Intraday Square-off Time 3:10 PM
Other Features Direct Mutual Funds, APIs
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Broker Ratings (Average User Rating)

  Zerodha Tradeplus (Navia Markets Ltd)
  330 Customer Reviews    Rate Zerodha 21 Customer Reviews    Rate Tradeplus
Fees Ratings 3.8 3.5
Trading Brokerage Rating 4.4 4.2
Trading Platform Usability 3.6 3.0
Customer Service Ratings 3.5 2.8
Overall Ratings Rated 3.7 stars Rated 3.2 stars
Broker Rating Zerodha is Rated 3.7 / 5 based on 330 customer reviews Tradeplus is Rated 3.2 / 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  Zerodha Tradeplus (Navia Markets Ltd)
Contact / Request Call Back
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Investment Options Available

  Zerodha Tradeplus (Navia Markets Ltd)
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Customer Service Offered

  Zerodha Tradeplus (Navia Markets Ltd)
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches No No
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Order Type

  Zerodha Tradeplus (Navia Markets Ltd)
Bracket Order Yes
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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Research / Tips / Reports Published

  Zerodha Tradeplus (Navia Markets Ltd)
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Suitable for Investor Category

  Zerodha Tradeplus (Navia Markets Ltd)
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Pros, Cons and Other Review Comments

  Zerodha Tradeplus (Navia Markets Ltd)
Pros
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Excellent trading platforms made available for free to all its customers.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
  • 10% referral credit for reffering new customers.
  • Direct Mutual Fund Investment is available.
  • Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.

More Advantages...

  1. Unlimited monthly trading plans available for frequent traders.
  2. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
  3. Low demat AMC or ₹90 per month.
  4. Analysis tools available for intraday trading.

More Advantages...

Cons
  • Doesn't provide stock tips, research reports or recommendations.
  • Call & Trade is charged at extra Rs 20 order.
  • Doesn't provide options to invest in IPO, Bond and NCD's public offers.
  • Margin funding is not available.
  • GTC/GTD not available in Equity.

More Disadvantages...

  1. Customer has to pay software charges.
  2. High call & trade charges. ₹1000 per month.
  3. Lower margin.

More Disadvantages...

Reviews Useful Articles about Zerodha:
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